One of the benefits of onboarding new employees is the costs you're saving. Without proper onboarding of new hires you risk losing them within months while time to performance and productivity loss can increase.
With our onboarding calculator you can check how much money your company can save using structured and digitalized onboarding.
How much does it cost to onboard a new employee?
It's a tricky question. It depends a lot on your industry, amount of employees and their job functions - and what solution you choose to use for onboarding. While there's a lot of factors to take into account, the average cost of onboarding a new employee is €3.474 according to SHRM.
However, when you're looking for the cost of onboarding a new employee you need to consider the costs of not using pre- & onboarding in your organization. The number is usually higher.
Check it out yourself using the calculator below.
The onboarding calculator